$APE is on a pullback. Get in for a 23% gain

For those of you with a tradingview account, feel free to follow me there: I can use the upvotes.


On my #4hrchart, $APE has moved into a pullback pattern breaking my 9 period #MovingAverage and poking a small rejection THROUGH a 36 period average.

It's my impression this will move to tye 50 period and test it a couple times.

Using your #RSI you can see the reactivity. If you set your RSI MA at either 7, 9, or 13, you can use it ans a #supertrend.
Each time a green #Hiken-Ashi closes ABOVE the RSI that is an indication to stay in the trade.

This particular move started as a series of green candles were interrupted by a red tiny pin. Then switched back to green. This was simply a pause in tye move. My #Support and #resistance levels show the lower #wick of this pin extended beyond the lower part of the support #zone. Once the jext candle closed #Bullish it solidified the move up for a #pullback and the red candle basically gave you a new #Low to you.

At this point you can
1. enter the next candle
2. Set your stoploss just below that pin-low
3. Set your #reward as a 2:1

This short move on a 4 hour #chart is still about a 20% gain on price. I think it is. I cant remember specifically because that's on another screen but either way, if you're buying at least 3 shares, it's a good move.

Popular posts from this blog

price action around supply and demand zone

https://chat.openai.com/c/46d6709d-b051-4f8d-a82b-a0f747f369d4 Price Movement Around Supply User And trading price reverses from supply and demand area but what happens just before the next designs are reasonable because price for consolidate ChatGPT It seems like you're discussing price movement around supply and demand areas in trading. Price reversals often occur at these levels due to shifts in market sentiment. Consolidation, where price moves sideways, can happen before the next significant price movement as traders assess the market's direction. Keep in mind that various factors can influence these patterns, such as news events, market sentiment, and overall economic conditions. User Is it possible that something happens with regarding liquidity once price reaches a supply or demand area to cause it to move sideways for example if the liquidity is removed from the market where it has been mitigated ChatGPT Yes, it's possible for changes in liquidity to impact price m
Read more

orderblock mitigation twchniq

" Order Block Mitigation. Give me an example8f how orderblock mitigation works on price charts Order block mitigation is a trading strategy used to identify and manage areas of significant order flow in the market. The goal is to identify these areas and use them to make better trading decisions, such as identifying potential support and resistance levels. Here is an example of how order block mitigation works on a price chart: Suppose you are looking at a chart of the EUR/USD currency pair and you notice a large block of orders at a particular price level. This block of orders could be indicative of a support or resistance level, as many traders may have placed their orders at this level, causing price to bounce off it in the past. Using order block mitigation, you would look to see if this level has been tested multiple times in the past, as this would indicate it is a strong support or resistance level. You would also look for other factors, such as a confluence of technical i
Read more

Is a Bitcoin miner the same as an Amazon server and why does it matter?

A group led by Michael Saylor have written a letter to the EPA in direct response to the recent group from Congress who criticized Bitcoin mining   The Bitcoin Mining  Council, led by Michael Saylor, has hit back at a US Congress group that   petitioned   the Environmental Protection Agency to criticize proof of work mining. The council’s letter focuses, in part, on comparing Bitcoin mines to computer data centers.  They aim to highlight that the EPA has no jurisdiction to dictate what happens inside a data center. Letters to the EPA The congress members had asked the EPA to evaluate the “compliance with environmental statutes” of proof of work mining.  The group claimed, “We have serious concerns regarding reports that cryptocurrency facilities across the country are polluting communities and are having an outsized contribution to greenhouse gas emissions. As cryptocurrency gains popularity, it is essential to understand the environmental risks and pollution associated with this indus
Read more